The Board of Directors of Vincom Retail Joint Stock Company (Stock Code: VRE) has recently approved a resolution allowing Vincom Retail Operation LLC—a wholly-owned subsidiary—to distribute profits to its owner.
The total profit distribution amounts to VND 4,480 billion, payable via bank transfer to the owner’s account, with completion expected in Q3/2025.
Earlier, on August 26, 2025, Vincom Retail’s Board approved the merger of its wholly-owned subsidiaries. Suoi Hoa Urban Development and Investment LLC was merged into Vincom Retail Operation LLC.
In Q2/2025, Vincom Retail reported consolidated net revenue of VND 2,100 billion, slightly lower year-over-year due to reduced contributions from property handovers at existing projects—a factor already anticipated in the company’s business plan.
After-tax profit reached VND 1,200 billion, a 20% increase compared to the same period last year.
On the stock market, VRE shares closed at VND 30,000 per share on September 29.
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